Long Term Proxy for HYG for Backtesting?

Discussion in 'Trading' started by Cyrix, Nov 3, 2016.

  1. Cyrix

    Cyrix

    I want to backtest a long term strategy trading HYG (high yield bond ETF). However, HYG's history is too short for backtesting.

    I am looking for a long term proxy for HYG, such as a high yield bond mutual fund, but I can't find any good ones that have similar performance like HYG.
    Most funds, such as VWEHX, perform quite differently than HYG and usually outperform HYG by a large margin over the long term.

    Does anyone know any high yield bond fund that exists for a long time and closely tracks the performance of HYG?

    Thanks.
     
  2. just21

    just21

    Last edited: Nov 3, 2016
  3. Cyrix

    Cyrix

    HYG is a high yield corporate bond fund, not a treasury bond fund.